314 Somerset Street E, Lower Town - Sandy Hill — For Sale in Lower Town - Sandy Hill
0 bed · 0 bath · Investment for sale in Lower Town - Sandy Hill.
314 Somerset Street E, Lower Town - Sandy Hill, ON K1N 6W3
About This Property
Now for sale at 314 Somerset Street E in Lower Town - Sandy Hill: a 0-bedroom, 0-bathroom investment listed at $1,800,000.
Solid six units all brick building. 5-2 bed and 1-1 bed. Fully rented, Tenants have been there for a while. Present Zoning R4U (480) could be changing to CMI (480) H20. Income could be a lot higher. Grossing $107,076, Expenses $35,371, Net $73,705. Most of the windows (17 Windows) replaced 7 years ago. Hot Water Tanks owned. Tenants pay their own Hydro. 3+ parking spots, on site laundry, 4 balconies, corner lot 69' x 62'. Boiler 2010, Roof 8 years old appx. In the heart of Sandy Hill. Very desirable rental market neighbourhood walking distance to Ottawa University.
Property Specifications
| MLS® Number | X13242440 |
|---|---|
| Status | For Sale |
| List Price | $1,800,000 |
| Property Type | Commercial |
| Sub Type | Investment |
| Transaction Type | For Sale |
| Bedrooms | 0 |
| Bathrooms | 0 |
| Living Area | 3520 sq ft |
| Address | 314 Somerset Street E, Lower Town - Sandy Hill, ON K1N 6W3 |
| City | Lower Town - Sandy Hill |
| Postal Code | K1N 6W3 |
Listing Contracted With: COLDWELL BANKER SARAZEN REALTY
